Dow at 4-year high, Nasdaq hits 11-year high

[Dback Jon]

U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.

The Dow Jones industrial average (INDU) gained 157 points, or 1.2%, the S&P 500 (SPX) added 19 points, or 1.5%, and the Nasdaq composite (COMP) increased 46 points, or 1.6%.

http://money.cnn.com/2012/02/03/markets/markets_newyork/index.htm?hpt=hp_t1

 

[Russ Smith]

U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.

The Dow Jones industrial average (INDU) gained 157 points, or 1.2%, the S&P 500 (SPX) added 19 points, or 1.5%, and the Nasdaq composite (COMP) increased 46 points, or 1.6%.

http://money.cnn.com/2012/02/03/markets/markets_newyork/index.htm?hpt=hp_t1

Some of it is jobs some of it just an election year tends to lead to optimism so stocks go up. that's why it's a 4 year high, election year 4 years ago.

saw someone on CNBC the other day that said 13,500 on the DOW would start to look like a ceiling if it hit 14 he'd basically be out in cash.